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Industry

Schwab Expands Crypto Offerings With SOL, AVAX & LINK Support

The financial services giant will introduce SOL, AVAX, and LINK in the coming months as it responds to growing client demand for broader crypto access.

Written By Sharmistha Suman
Published 31 minutes ago
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Schwab Expands Crypto Offerings With SOL, AVAX & LINK Support

Key Highlights

  • Charles Schwab plans to add Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) to its Schwab Crypto platform in the coming months.
  • The expansion follows strong client demand and builds on Schwab’s existing Bitcoin and Ethereum trading services launched in May 2026.
  • Schwab Crypto gives clients access to crypto trading alongside traditional investments through Schwab.com, Schwab Mobile, and thinkorswim, with 24/7 customer support.

Charles Schwab, an American financial services company, announced plans to add three tokens to the Schwab Crypto platform. The tokens are Solana (SOL), Avalanche (AVAX), and Chainlink (LINK).

In an official announcement shared Thursday, the company said the additions form part of its effort to expand the digital asset offering with established cryptocurrencies that match client demand. The new assets will become available in the coming months for clients to buy and sell in Schwab Crypto accounts.

Schwab Crypto began rolling out to clients in May 2026 and already provides direct access to Bitcoin and Ethereum trading.

Expansion details of the launch 

Joe Vietri, Head of Digital Assets at Charles Schwab, said the expansion gives clients more choices to build a digital asset allocation alongside the firm’s existing investing and banking services. He stated that the additions follow the company’s approach of providing access to familiar cryptocurrencies supported by education, tools, resources, and service.

Schwab Crypto combines direct digital asset trading with several resources. These include education and commentary from the Schwab Center for Financial Research, crypto-focused content through Schwab Coaching, and the ability to view and trade cryptocurrency alongside traditional investments on Schwab.com, Schwab Mobile, and the thinkorswim platform. 

Clients also have access to 24/7 support by phone or chat. Pricing is set at 75 basis points on the dollar value of each trade. The firm said it plans to add further cryptocurrencies and digital assets to the platform over time.

Background on Schwab crypto launch

In May 2026, Charles Schwab opened spot crypto trading to its approximately 39 million retail accounts. Eligible customers gained the ability to trade bitcoin and ethereum directly. The service is unavailable in New York and Louisiana because of licensing restrictions and is not offered in U.S. territories or international jurisdictions.

Schwab has also outlined plans to extend crypto spot trading and custody capabilities to the professional wealth management channel in 2027. That planned advisor offering follows the earlier retail launch.

Cryptocurrency products and Schwab Crypto accounts are offered by Charles Schwab Premier Bank, SSB, Member FDIC. Charles Schwab Premier Bank, SSB, and Charles Schwab & Co., Inc. are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.

Schwab may make changes to the announced assets 

Investing in cryptocurrencies involves risk, including the possible total loss of principal. Bitcoin, Ethereum, and other digital assets are highly volatile; are not backed or guaranteed by any bank or government; are not deposits; are not FDIC insured; are not SIPC protected; and lack many of the regulations and consumer protections that apply to legal tender currencies and regulated securities.

Schwab may delay, modify, or withdraw support for any announced asset based on market, regulatory, operational, or risk-related developments. Accounts may be restricted or closed if a client moves to an unsupported jurisdiction. The firm clarified that not all applicants qualify for a Schwab Crypto account.

Also Read: Coinbase’s cbBTC Expands to Robinhood Chain Through Chainlink CCIP

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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